...with the womenfolk in their tradition clothing. And the menfolk, too.
Subscribe via email, get all daily posts sent to you next day (and without all the annoying ads)
UPDATE 2: Peru's national paper La Republica now reporting the deaths. Here's a quick translation of the La Republica early report:
Lambayeque: Two dead after confrontation between locals and police in CañarisFriday 25th Jan. 3:37pm
The incident left at least 10 injured people who have been taken to hospital
Today Friday saw two dead in a confrontation between around 100 police officers from the national police foces and 400 anti-mining locals protesters from Cañaris and Incahuasi (Lambayeque) who blocked the "Marayhucaca" road, the access road to the Candente Copper mining campsite.
The victims have been identified as Santos Tantarico and Lindaura Sánchez, according to the activist Rocio Silva Santisteban via her Twitter account.
Meanwhile, the chief of territorial police of Chiclayo, Colonel Jorge Linares Ripalda, said that the action taken involved a member of the Public Ministry who was attempting to establish a dialogue with the protesters.
UPDATE 3: Oh this is cute: The chief of police says denied that there had been any deaths and that his officers had only used "dissuasive force", via the use of tear gas and rubber bullets. Repeated here.
UPDATE 4: The original source of the names for the La Republica report above now seems to be backtracking. Previously she said "confirmed" on the two deaths but now she says that "Cañaris confused information: family members and local leaders from Marayhuaca say that there are 2 dead, Minister Pedraza (says) that there are only injured people". Time will tell which side is right and the markets are now closed, so your humble scribe will leave it for the real news services to work it all out and bring you the story (as they certainly will). No need to read a third-rate site such as this for your information, for sure. Over and out.
UPDATE 5: ok ok, one more update. Both locals and police now confirm that there are no deaths to report, fortunately. However there are 24 injured, some seriously and at least one, according to a doctor on the scene, from gunshot wounds. This directly contradicts the police who said that no live ammo firearms were used. In other words there still was blood. And one other thing: you thought locals were pissed before? You ain't seen nothing yet.
It's almost as if the market had heard that the Alderon (ADV.to) feas for the Kami project was going to be published on January 9th, isn't it?
The good news: No need to watch it right through.
"The Executive Vice-President (Nicolás Maduro) has instructed us to take action leading to a legal demand against this newspaper for the grave offensive for which the dignity of the President of the Republic is affected by a false photograph."
...has just been sent to subscribers, one hour before the opening bell this sunny Friday morning. Actionable.
Taken two hours ago.
It's now slamming it down with rain, about 15°c colder and we're sheltering in the small town about 10km from this photo. Such is the way with weather in rainy seasons at 12,500 feet above sea level, but it does give a decent excuse to check in here and catch up with those everso everso important daily moves in the market. As for the location? Your best guesses welcomed.
Just a quick word to inform that your humble scribe now finds his humble self at a location with very limited interwebz access, so posting will be light for a couple of days. Hope you have a nice week.
We learn via this Gold Report piece that:
- They are all male, old, bald or balding and ugly.
- They all like junior gold mining stocks.
- They think gold is a good investment in 2013.
In other words, we learn nothing.
- $2.05 in cash from the deal (paid)
- A share of Galway Metals (GWM.v) that's priced now at 5c
- A share of Galway Gold (GLW.v) and let's call that 42c today.
Or in other words, it was an easy 15% arb. Which is why your humble scribe bought GWY at $2.19.
Security Front Meeting BR-14
Good afternoon to all,
On January 15th the Commander of Brigade XIV, with HQ at the port of Berrio, and responsile for the security of Northeast Antioquia region, calls to a meeting all company representatives of the region and according to the security agreement with the armed forces, said meeing will inform on the intentions of the FARC armed group for this year, thanks to the capture of one of its head personnel who had in his possession documents that had been written in a meeting with heads of the guerrilla group recently.
They are the following:
1) Increase in assassinations of public figures (mayors, political representatives, members of the public armed forces)
2) Increase in extortion and vaccinations (against companies, unions and commerce)
3) Penetration of universities and schools, businesses, State offices (looking for information to promote its illicit activities and the creation of a group named "Young Rebels")
4) Hit strategic targets in order to destabilize the State, cause chaos and destructive force (energy, hydrocarbons, mining)
5) Attack permanent armed forces bases
6) Increment in hijacking of directors and company contractors in coordination with Bacrim (criminal groups or paramilitaries)
7) The start of an offensive, in two phases, the first between January 18th and February 2nd and the second from January 3rd onwards.
8) Supplanting (disguising as or feigning to be company employees to gain access to various locations in order to commit acts of sabotage).
9) Attraction maneuvers (faking of small terrorist actions in certain sectors to attract attention in order to commit larger acts of destruction elsewhere).
IKN194 has just been sent to subscribers and it's not that often it occurs, but today's is a pretty good edition methinks. Here's the cover letter that went out with it.
Good Sunday evening,
The main event today is the upgrading of one of our covered stocks to 'Top Pick' status, the first time in a long time that this has happened. We also check out production results and take a careful look at a couple of hot political risk events in Peru and Colombia. Plenty more besides.
All feedback welcomed.